There is some suggestion that the studio’s assets and IP may remain in the hands of its founders, Pete and Deborah Jones, thanks to their quickdraw founding of a new company, Dark Energy Publishing. Technical director Gary Leach is also on board the start up, which may be able to secure a bargain purchase of Dark Energy Digital’s tech, including its interesting proprietary water engine.

Speaking to PS3 Attitude, Hydrophobia developer Pete Jones has confirmed that the game will have a sequel set in the east US – before a date for the original game has even been announced.

“Actually the sequel to the game is set in a drowned Boston – that’s an exclusive by the way – (New York has had more of its fair share of fictional and real disasters over time) so we do have plans for an expansion of the Hydrophobia world,” Jones told the site.

The first game – a PS3 action title set in a watery future – is in development at Blade Interactive.